409 11Th StGainesville, FL 32601

Property Details for 409 11Th St

Year built

1973

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.91 AC

Property size (Sq ft)

4,284 SF

Zone code

RSF2

Property type

Residential income properties

Property subtype

High-rise multifamily apartments

APN

11905-000-000

APU

11905000000

Description

This exceptional multifamily investment property, located at 409 NE 11th Street in Gainesville, Florida, presents a rare opportunity for discerning investors. The property, built in 1973, boasts a substantial 8,568 square feet of space situated on a 0.91-acre lot. Classified as both an apartment building and commercial property, this versatile duplex/triplex/quadruplex offers significant income potential. The asking price is $2,000,000. Its prime location in Gainesville, within Alachua County, and its substantial size make it an attractive investment in a growing Florida market. The property's multifamily nature provides a stable income stream, while its commercial zoning opens up possibilities for diverse uses and future expansion. The 1973 construction date presents opportunities for renovation and value enhancement, allowing for customization to meet current market demands. This property is an ideal investment for those seeking a strong return on investment in a desirable Florida location. The 32601 zip code offers convenient access to local amenities and transportation networks. This is a unique opportunity to acquire a well-situated, income-generating property with significant upside potential. Serious inquiries are encouraged.

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6551

Longitude

-82.311

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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